In early trading on Thursday, tech stocks showed mixed performance as Meta and Microsoft executives committed to large investments in AI. This decision comes against the backdrop of fears surrounding China-based DeepSeek's competitive AI advancements, which have raised questions about potential decreases in demand for products by established AI leaders like Nvidia. Despite earlier losses, Meta’s stock rose nearly 4% after CEO Mark Zuckerberg announced plans for major investments in AI infrastructure, asserting these expenditures would yield strategic advantages over time. The volatility reflects the ongoing anxiety about the economic implications of emerging AI technologies.
It's possible that we'll learn otherwise at some point, but I just think it's way too early to call that.
DeepSeek claims to have trained an advanced model for less than $6 million.
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